Exercise 10-5 Straight-Line: Recording bond issuance and discount amortization LO P2 Paulson Company issues 6%, four-year bonds, on January 1 of this year, with a par value of $200,000 and semiannual interest payments. (e) (1) (2) Semiannual Period-End January 1, issuance June 30, first payment December 31, second payment Unamortized Discount $13,466 11,782 10,098 Carrying Value $186,534 188,218 189,902 Use the above straight-line bond amortization table and prepare Journal entries for the following (a) The issuance of bonds on January 1. (b) The first interest payment on June 30. (c) The second interest payment on December 31 View transaction list Journal entry worksheet 1 2 3 Record the issuance of the bonds on January 1